British Virgin Islands (BVI company) is one of the four famous offshore registration places in the world. In recent years, the second choice for China's foreign investment and overseas listed companies is BVI company in addition to Hong Kong company. For most enterprises, registering BVI companies can not only enjoy the preferential policies of offshore companies in tax and foreign exchange, reduce the burden of enterprises, but also improve the international image of enterprises. Therefore, more and more enterprises or investors choose to register offshore companies to meet their own needs.

How does BVI open a bank account in Hong Kong?

After the establishment of BVI company, of course, bank accounts should also be established to facilitate capital turnover and management, and all major international banks recognize such companies, such as Bank of America, HSBC, Hang Seng Bank, DBS Bank, Fortis Bank, China Merchants Bank, Bank of communications, Shanghai Pudong Development Bank, etc. For example, how does BVI open a bank account in Hong Kong?

How does BVI open a bank account in Hong Kong?

If Chinese mainland residents apply for bank accounts in Hongkong, there are usually several situations:

1. All directors go directly to Hong Kong to handle account opening procedures

The Bank of Hong Kong generally requires all directors of the limited company to go through the account opening procedures at the bank in person. If the account signatory or company director is from mainland China, he must hold a Chinese passport or a pass to and from Hong Kong and Macao before opening an account.

The accounts opened usually include: Hong Kong dollar savings account, foreign currency savings account (including all general foreign currencies) and Hong Kong dollar checking account. All three accounts can receive letters of credit. However, if you want to open a letter of credit, you must open a letter of credit account and discuss it directly with the bank.

2. All directors open offshore accounts with foreign banks in the mainland

If you don't have a passport, you can open an offshore account at the branch of the Bank of Hong Kong in China. The account signatory and non account signatory can handle it as long as they have an ID card in mainland China.

3. Information required for opening the company's bank account

(1) The original of the identity document (identity certificate or passport) of the director.

(2) Original business registration certificate.

(3) Original registration certificate.

(4) Notice of appointment of the first director, notice of consent to be a director, notice of registered address, etc.

(5) One original of the articles of Association

(6) Company seal (signature seal).

(7) The original minutes of the board of directors on bank account opening.

(8) Gangfeng shall show the certified account opening documents of the accountant.

(9) The bank receives the search fee and cash deposited into a new account.